Pros
When times were good, this was a 5-star company to work for. Culture was great, leadership was motivating, and compensation was decent. We provided a top-notch product with impeccable service. This is no longer the case.
Cons
Top-level executives failed to forecast the market shift, even though the average Joe knew for the last 2 years that economic challenges were on the horizon and rates would skyrocket. For the first 3 quarters of 2022, they played it off like it business was still the best it’s ever been, meanwhile, mass layoffs were happening on a regular basis, decent wages became a thing of the past, and products were being discontinued left and right. Our clients were getting an inferior product, at a higher cost, while also receiving horrendous service with little confidence of their loans actually closing. To put it bluntly, when my friends or family asked me to do the loan for their new homes, I suggested they look elsewhere because I care about them. If Lower is still around when the market stabilizes and they start hiring again, do not work for them. It may workout when things are good, but when a challenge comes their way, your experience will go downhill, and that’s assuming they decide to keep you.
